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Salida 81201
108 Crestone Mesa Dr
$804,000
● House - Off Market

108 Crestone Mesa Dr

Salida, CO 81201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,543 Ft²
$4,169
Est. Monthly
$35
HOA / Fees
3.10%
Cap Rate
Unit Size
1,543 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$521
Property Type
House
Property Taxes
$186
HOA Dues
$35
Year Built
2018

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (REcolorado MLS #7181005)

Price History

Date / Event Date Event Price
Oct 2, 2025 No longer available -
No longer available
Apr 30, 2025 Sold
Premium
Sold
Apr 25, 2025 Listed by Pinon Real Estate Group LLC $804,000
Listed by Pinon Real Estate Group LLC
Nov 20, 2015 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 192
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,656
  • Total Building Area: 1,543
  • Building Area: 1,543
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,543
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTONE MESA SUBDIVISION
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • Legal Description 1: LOT 4 CRESTONE MESA SUBDIVISION PLAT 420923 SAL409 REC 423819

Neighborhood

  • School District Name: Salida School District R-32
  • Census Tract: 000200

Geography

  • Parcel: R368131400221
  • Lot: 4
  • Meridian: SEC 31 TWN 50N RNG 9E
  • Latitude: 38.5406
  • Longitude: -106.014

    Address

  • Full Address: 108 Crestone Mesa Dr
  • Address - House Number: 108
  • Address - Street Name: Crestone Mesa
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Salida
  • Carrier Code: R002
  • 4-Digit Zip Code: 3503
  • Zip Code: 81201

Valuation

    Tax

  • Total Area: 1,543
  • Tax Year: 2022
  • Tax Amount: $182,216
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 07B

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 67
  • Final Value: 776,480
  • High Value: 958,748
  • Low Value: 594,213

    Market Valuation

  • Market Total Value: $502,060
  • Market Land Value: $125,000
  • Market Improvement Value: $377,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,900
  • Assessed Land Value: $8,690
  • Assessed Improvements Value: $26,210

    Sales

  • Current Sale Contract Date: Nov 20, 2015
  • Current Sale Recording Date: Nov 20, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 423819
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Salida

Stats & Trends

Median Asking:

$723,500

Sale Price/ft²

$449

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1412 ft²

Average Home Age

49.3 years

Currently For Sale

83 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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REcolorado

Listed by: Susan Hughes, Pinon Real Estate Group LLC
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 7181005
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 108 Crestone Mesa Drive built and last sold?
The property at 108 Crestone Mesa Drive was built in 2018 and last sold on Nov 20, 2015 for $65,000.
How much is this home worth?
The estimated value of the home located at 108 Crestone Mesa Drive is $0.
What are some comparable homes to 108 Crestone Mesa Drive?
There are currently no comparable homes to 108 Crestone Mesa Drive.
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